January 2022 January 5, 2022
The times are challenging. The beginning of 2022 found James with transactions taking longer than usual and commercial buyers being cautious. Transactions are occurring but taking longer to seek approvals from governmental authorities and environmental firms. All except one transaction the leasing of unit 3, 1010 Polytek Street in the Canotek Business Park that James did is unconditional, and in a sign of the times with low inventory in industrial spaces that transaction was done off-market with a Landlord and a Tenant James found to fit. In preparation for the Spring market James did a number of letters of opinion to let Sellers and Landlords know where the market stands.